STAT Communications Ag Market News

No Change in U.S. Orange Forecast

WASHINGTON - May 10/13 - SNS -- The United States all orange forecast for the 2012-2013 season is 8.60 million tons, unchanged from the previous forecast but down 4% from the 2011-2012 final utilization, according to the latest crop estimates released by the USDA.

The Florida all orange forecast, at 138 million boxes (6.21 million tons), is unchanged from the April forecast but down 6% from last season's final utilization.

Early, midseason, and Navel varieties in Florida are forecast at 67.0 million boxes (3.02 million tons), unchanged from the April forecast but down 10% from last season.

The Florida Valencia orange forecast, at 71.0 million boxes (3.20 million tons), is unchanged from the April forecast but down 2% from last season's final utilization. Rainfall during the month helped ease drought conditions during April. California and Texas production forecasts are carried forward from April.

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